NQ has been swinging very wildly lately, with buyers, likely proxy for the Fed, pushing the market up at night when the volume is low, then sellers came in to sell during the day. Sellers seems to be the market insiders taking profit before the stock market crashes.
Key inflection price level for NQ on Wednesday will again be at 16,200, with key support at 16,080 and resistance at 16,390
The market could continue to swing wildly depending on what the Fed is hinting about their future policies will be. Thus, be nimble and always willing to change trade directions at any time, based on price l;evels, supports and resistances
